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Ponmudi R, CEO of Enrich Money. “Either outcome carries the potential to ... recent sessions,” Ponmudi added. Disclaimer: Business Today provides stock


Stock markets turn flat in volatile trade - The Sen Times
Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 5,834.90
TThe Sen Times
May 7, 2026 at 10:18 AM


Stock Market Today Live: Sensex, Nifty in volatile trade amid
Market commentary by Avinash Shekhar, Co-Founder & CEO, Pi42. The crypto ... Currency market updates: Rupee likely to be buoyed by cheaper oil; US-Iran
Wwww.thehindubusinessline.com
May 7, 2026 at 06:45 AM


US-Iran peace deal hopes among key factors behind market gains
Ponmudi R, CEO of Enrich Money, said. Stock Market Live Updates. 3) Easing geopolitical concerns: Market sentiment improved after US President Donald Trump
TTradingView
May 7, 2026 at 09:55 AM


US-Iran peace deal hopes among key factors behind market gains
Ponmudi R, CEO of Enrich Money, said. Stock Market Live Updates. 3) Easing ... Discover the latest Business News, Sensex, and Nifty updates. Obtain
MMoneycontrol
May 7, 2026 at 10:35 AM


Sensex, Nifty 50 | Stock Market LIVE - Mint
current positive structure, said Ponmudi R, CEO of Enrich Money. 7 May 2026, 11:12:08 AM IST. Sensex, Nifty 50 | Stock Market LIVE: Voltamp Transformers
Mmint
May 7, 2026 at 08:00 AM


Stock Markets Turn Flat In Volatile Trade - Outlook Business
Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said. Foreign Institutional Investors (FIIs) offloaded equities worth ₹5,834.90
OOutlook Business
May 7, 2026 at 11:27 AM
Stock markets turn flat in volatile trade - The Hindu
Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said. Foreign Institutional Investors (FIIs) offloaded equities worth ₹5,834.90
Wwww.thehindu.com
May 7, 2026 at 11:17 AM


Stock markets turn flat in volatile trade - Deccan Herald
Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 5,834.90
DDeccan Herald
May 7, 2026 at 10:55 AM


US-Iran peace deal hopes among key factors behind market gains
Ponmudi R, CEO of Enrich Money, said. Market sentiment also improved after US President Donald Trump expressed optimism over a possible agreement with Iran
TTradingView
May 7, 2026 at 09:40 AM
Today Forecast
Pre-Market Outlook
2026-05-0707:31 AM
Indian equity markets are set to open with a sharp gap-up, buoyed by easing crude oil prices, improving global sentiment and continued domestic buying support.
Crude has retreated meaningfully from recent highs above $110 and is now consolidating in the $95–97 range, offering relief on inflationary pressures and easing concerns around the broader macroeconomic outlook.
Global sentiment has strengthened amid growing expectations of a potential de-escalation in Middle East tensions. Indications from Donald Trump that the U.S. has paused its more assertive stance around the Strait of Hormuz, alongside expectations of Iran’s response to a U.S. proposal aimed at resolving the conflict, have supported a recovery in risk appetite. This has translated into a relief rally across global equities, with Indian markets also benefiting from the improved tone.
On the domestic front, softer energy prices and supportive global cues are helping to alleviate near-term macro headwinds, reinforcing a constructive undertone. However, while sentiment has turned more optimistic, investors remain cautious and closely attuned to incoming developments—particularly Iran’s response and any renewed volatility in oil prices or geopolitical conditions.
Technical view
Nifty 50
Nifty 50 is trading with a cautiously positive bias and is expected to open with a sharp gap-up, supported by the recent recovery in sentiment. Price action indicates improving momentum and strengthening short-term sentiment. From a technical perspective, 24,600 will now act as the immediate resistance level, and a sustained breakout above this zone could extend the upmove toward the 24,800–25,000 range. On the downside, the 24,100–24,000 zone continues to serve as immediate support, which is crucial to maintain the current positive structure. Momentum indicators are gradually improving, reflecting strengthening near-term trend conditions. Overall, the outlook remains cautiously positive, with stronger directional momentum likely to emerge only on a decisive breakout above key resistance levels.
Bank Nifty
Bank Nifty is expected to open on a strong note with a sharp gap-up, supported by improving sentiment in the banking space and strengthening buying interest in financial stocks. From a technical standpoint, the 56,800–57,000 range remains a crucial resistance zone, and a sustained breakout above this band could accelerate momentum toward the 57,500–58,000 levels. On the downside, the 55,400–55,200 zone is expected to act as immediate support, and maintaining above this range will be important to preserve the ongoing recovery structure. Overall, the undertone remains mildly positive, with a decisive breakout above resistance levels required to confirm continuation of the upward momentum.
Ponmudi R, CEO of Enrich Money
Today Nifty Outlook
NIFTY50
Today Bank Nifty Outlook
BANK NIFTY

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